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Stock Market & Financial Investment News

News Breaks
November 29, 2012
09:28 EDTDTV, VIVHY, AMX, LBTYALiberty Global says hasn't offered to buy Vivendi's GVT, Reuters reports
Liberty Global (LBTYA) says it hasn't offered to buy Vivendi's (VIVHY) Brazilian broadband specialist GVT, Reuters reports. Previously, a source said Liberty was one of four bidders for GVT. Reference Link
News For LBTYA;VIVHY;DTV;AMX From The Last 14 Days
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November 19, 2014
16:42 EDTVIVHYActivision Blizzard to receive $275M in settlement
Activision Blizzard (ATVI) announced that an agreement has been reached to settle the consolidated derivative and class action shareholder case stemming from the October 2013 purchase by the company and an investor group of 88% of Vivendi SA’s (VIVHY) shares in the company. The settlement is subject to completion of appropriate documentation and approval by the Delaware Chancery Court. Multiple insurance companies, along with various defendants, will pay Activision Blizzard $275M. The company believes the settlement, which acknowledges no wrongdoing by any party, is in the interest of all stakeholders. The board stated: “The transaction, structured through the efforts and significant personal investment of Bobby Kotick and Brian Kelly, has contributed to the creation of over $3B of value for shareholders. We are pleased to be able to put this matter to rest.” Other terms of the settlement include the addition of two unaffiliated company directors, payment of reasonable and customary fees and costs of plaintiff’s attorneys by the Company, an adjustment of voting rights and a global release of all claims against the defendants. The October 2013 transaction was approved by Vivendi SA and the company’s board following a recommendation of a Special Committee of independent directors formed by the board to negotiate the transaction on behalf of the company.
13:06 EDTAMXDeutsche Telekom CEO says T-Mobile could again attract suitors, Bloomberg says
Bloomberg quotes Deutsche Telekom (DTEGY) CEO Timotheus Hoettges speaking in interview as having said that T-Mobile (TMUS) could attract interest from suitors such as Comcast (CMCSA), DISH (DISH) or America Movil (AMOV, AMX).
07:30 EDTLBTYAMorgan Stanley to hold a conference
European Technology, Media & Telecoms Conference is being held in Barcelona, Spain on November 19-21.
07:11 EDTVIVHYSanofi drawing up list of CEO candidates to repalce Viehbacher, Reuters reports
Sanofi's (SNY) board is in the process of drawing up a short list of CEO candidates to replace Chris Viehbacher, sources tell Reuters. Jean-Rene Fourtou, a Sanofi director and the honorary chairman of media group Vivendi (VIVHY), has been selected to lead the appointments and governance committee that will select the next CEO. Smith & Nephew (SNN) CEO Olivier Bohuon, AstraZeneca (AZN) CEO Pascal Soriot and former Wyeth CEO Bernard Poussot have been rumored to be potential contenders for the CEO position. Reference Link
November 18, 2014
17:24 EDTLBTYALiberty Global to commence statutory squeeze-out of Ziggo
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09:31 EDTDTVAT&T, DirecTV deal receives approval in Mexico
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November 14, 2014
16:39 EDTDTVBerkshire Hathaway gives quarterly update on stakes
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11:58 EDTVIVHYVivendi reports Q3 EBITA EUR 310M vs. EUR 295M last year
Reports Q3 revenue EUR 2.41B vs. EUR 2.43B last year. Vivendi (VIVHY) said, having received the authorization granted by the French Competition Authority on October 27, the completion of the merger between SFR and Altice/Numericable Group should take place on November 27. In addition, following the agreement signed on September 18, the completion of the acquisition of GVT by Telefonica (TEF) is expected during the second quarter of 2015.
06:27 EDTLBTYALiberty Global in talks to buy stake in Maxdome, Reuters reports
Liberty Global is in talks to buy a 50% stake in Maxdome, ProSiebenSat.1's streaming service, Reuters reports, citing German daily Handelsblatt. Reference Link

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